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in kuala lumpur, malaysia. will, any reason for the addition of the third ship? >> reporter: hey, guys. no reason has been given to why there are three ships in the bay of bengal. keep in mind, these were ships not involved in the search off western australia. this is the bangladeshi military to send ships in the area. one ship has the side-scan sonar technology to scan the floor to see if it can find the trace of debris. that's important. the water in this area is not as deep as it is off western australia. these ships, according to the officials here in malaysia, should have the tools capable to scan the surface and see if there is debris floating. unlikely considering we're in week nine here. also, there is the side-scan sonar to put to work as well. the tone that we're hearing here in kuala lumpur is that for now, they will wait and see what the ships in bangladesh find before making a decision to divert additional resources which would be expensive and take away time from the primary search area off western australia. >> i have to think this is a topic of conversation on monday wi
assistance from u.s. and nato forces. >>> malaysia airlines reached out to grieving families of flight 370. according to a statement relatives will be getting some degree of financial compensation. it doesn't mean they can't claim compensation later. according to a report it took malaysia airlines controllers 17 minutes to realise that the tlight vanished from radar screens. >>> a virus that ipp fected nearly 370 people in saudi arabia is confirmed in indiana. middle east respiratory syndrome was discovered two years ago. last month alone there was a jump in the number of new cases in the middle east. the c d.c. says it was a mart of time before it reached u.s. shores. >> health care officials scrambled to track down people who travelled the same route as a man who, according to the c d.c. tested positive to the virus. the patient was a health care work are who returned it saudi arabia. he left riyadh on april 24th and finally landed in chicago. he took a because to indiana, he fell sick and ended up in the hospital. a deadly virus hit the health care industry hard. fatality rates are high
states just before obama's visit. malaysia, south korea, he hit all the right notes. it's not a pivot, but he said the united states is not going anywhere from these countries and he didn't offend the chinese. he made it important to say how close it was to work with the chinese. >> charlie: and had no ambition in trying to contain the chinese. >> yes, and obama is credible in saying he has no ambition to contain the chinese. so the fact you've both made the allies in the region happier and the chinese feel no reason to overrespond with their own saber rattling is about as much as he's done on this trip. >> charlie: why is a trade agreement important. >> when the trance pacific partnership was first announced the chinese response is this is containment, we don't want it, are opposed to it. now that it's going to happen, that it has heft and momentum, the chinese have changed their tune. what they're now saying is we need to study it very carefully, do we want to join? do we want to express our interest in eventual membership? the chinese understand if you're going to create tighter tr
they send including japan malaysia peru and others. make enough 40% of the world's gdp. that is what the president was doing in advancing his trip to asia last week. the second is the transatlantic trade and investment partnership as washington would for referred to as ttip which was significantly deepening the multibillion dollar economic relationship we have with the european union. together they were tonight two-thirds of the world economy, the competition that generates competition and intellectual property. the benefits for america and the middle class would be significant. 44 million americans work for companies that export goods. hundreds of thousands more would be working if they did not steal your copy. jobs supported by exports pay as much as 18% higher wages than the national average. we shouldn't be afraid of this competition. i tell leaders all over the world america welcomed his competition. it's stamped into her dna. and that if the field is even remotely level we will succeed and you will succeed. ladies and gentlemen we have learned a lot over the last 20 years about
're getting new details in the search for malaysia flight 370 where the bluefin underwater search device has just wrapped up its 18th mission without finding any, any debris. we're learning this isn't the end of its deployment, though. anna is joining us from perth, australia. what can you tell us, anna? >> reporter: wolf, far from the end of this search, if anything, it's just gearing up. as you say, the 18th mission has completed with no sign of debris from mh-370. now, we know that the "ocean shield" will be coming back to port here in perth in the next few days to restock and refuel before heading back out. we know that the search is heading into a new phase, which will cover an area of some 20,000 square miles north to where they have been searching. we believe that this will take, according to authorities, between eight months to a year to cover this entire area. but as far as authorities are concerned, they are meeting in kambra and we'll be there to tell you what happens. >> anna coren in perth for us. let's bring in miles o'brien and cnn's richard quest. what do you make of the meet
of the president who's handling several hot-button issues now. >>> malaysia reviewing its options in the search for flight 370. may take crews thousands of miles from the current search zone. what does it mean to have an unlimited mileage warranty on a certified pre-owned mercedes-benz? what does it mean to drive as far as you want... for up to three years and be covered? it means your odometer... is there to record the memories. during the mercedes-benz certified pre-owned sales event now through june 2nd, you'll get complimentary pre-paid maintenance and may qualify for a two-month payment credit. only at your authorized mercedes-benz dealer. one of our favorite things to do is going to the dog park together. sometimes my copd makes it hard to breathe. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. come on, boy! [ female announcer ] symbicort is for copd, including chronic bronchitis and emphysema. it should not be taken
at cargo of malaysia air flight. and the hidden danger on board of that missing plane and why it is drawing comparison to another recent air disaster. >> motor city come back. detroit is inching itself out of bankruptcy and an offer home buyers can't refuse. and also this. a store owner caught off guard, but still comes out on top once the fight that you see on the video spills outside. we'll she you how it all ends, that's coming up. ♪ what is this place? where are we? this is where we bring together reliably fast internet and the best in entertainment. we call it the x1 entertainment operating system. it looks like the future! we must have encountered a temporal vortex. further analytics are necessary. beam us up. ♪ that's my phone. hey. [ female announcer ] the x1 entertainment operating system. only from xfinity. tv and internet together like never before. >>> right now malaysian investigators releasing a report. the findings confirm there was dangerous cargo on board of the missing plane. lithium batteries weighing 440 pounds under the right circumstances, they are highly flammable
to the search for flight 370. just hours ago, we learned malaysia is considering sending a ship to the bay of bengal. >> authorities have repeatedly dismissed claims by this australian company that it might have discovered the plane's wreckage, but during a news conference, officials were grilled about the bay of bengal theory and the report of the plane's disappearance. will ripley has the details. >> reporter: the first time officials are answering tough questions about the report that shows hours were lost with confusion and delays after flight 370 disappeared. they're also dismissing reports of possible wreckage thousands of miles from western australia. new this morning, officials are dismissing claims by a private company -- several thousand miles from the search zone. >> many days in the past have proven to be negative and this is similar to what we have done before. >> breaking overnight, news of a meeting between australia, china and malaysia. >> tightly committed as to find flight 370. >> the next step, a daunting deep sea search, 8 to 12 miles, an estimated $60 million joining t
of malaysia flight 370, a skimpy report on the investigation. it raises serious questions, though: why did it take air traffic controllers 17 minutes before knowing that they had lost contact with the plane? and why did it take four hours after the final conversation with the cockpit to alert search andretive u teams? the report also offered the likely flight path for the plane once it went off course showing it turned back from the south china sea, cut across the southern tip of thailand and then flew across the malaysian peninsula before going west and flying beyond military rad arizonaded detection down to the southern reaches of the indian ocean. not a single piece of the plane has yet to be pounds. new audio of the last voice communication from the flight gave no indication of problems or anything sinister on board ending with these words: >> malaysian 370.... >> joining us from phoenix, arizona former american airlines pile lolt lot jim 'tilman, earning the rask of captain. jim, it is good to see you. thank you for doing this for us. some disturbing things. precious time was lost fir
have some new developments on the disappearance of malaysia flight 370. a preliminary report has now been made public and it's raising some questions about why it took officials so long to realize there was a problem with the flight. nbc's tom costello has covered this investigation from the very beginning. tom, good morning. >> hi, savannah. this is the report, it's only five pages long. it provides the timeline showing big delays, about how long it took to actually order a search. and for the first time we're hearing the voices from the cockpit crew. just released, the audio recordings of the flight 370 cockpit crew talking to malaysian controllers. >> 370, contact lumpur radar. >> reporter: nothing sounds amiss. even the last call between controllers and the voice believed to be that of the capta capta captain at 1:19 a.m., routine. >> malaysian 370. >> malaysian 370, contact ho chi minh. >> reporter: but something did suddenly go wrong. the plane went off radar. but it wasn't for another 17 minutes that vietnamese controllers reported the plane had not checked in. and another fou
in the indian ocean us trade is set to host a meeting with malaysia and china on the missing flights and peachtree seventy the gathering in cumbria announced on friday aims to determine the way forward for the search for the malaysia airlines plane almost two months after it disappeared nov day three has been recovered to target the passengers on board were chinese. irish republican leader gerry adams has spent the second placed in police custody. there are those detectives continued to question him over his alleged role in the ira murder of belfast mother of ten team combo. she was kidnapped and killed in nineteen seventy two. her body then secretly buried for decades. trace the bond takes up the story her body was recovered here and the republic of ireland in two thousand and three more than thirty years after she was abducted from her home and murdered by the ira gina cargo of thirty seven year old mother of ten was wrongfully accused of being a british and for her son michael says he knew some of those who abducted her. it had been warned that gunpoint to stay silent the whole un
the plane went missing. nbc's tom costello reports. >> reporter: malaysia airlines are telling the family members of the missing to leave their hotels and return home to await more news. the five-page report provides a time line of events and it raises new questions about what took so long to launch a search for the plane after it was reported missing. >> malaysian 370. thank you. >> reporter: for the first time we're hearing the voice from the cockpit as flight 370 communicated with malaysian controllers. >> 370, kuala lumpur. 13269. >> reporter: family members have also heard the recordings. we don't know if it's captainza h -- the captain or the co-pilot. >> malaysian 370. >> malaysian 370 contact ho chi minh 120.99. >> reporter: at 1:21 a.m., the plane disappeared from radar but not until 1:38 a.m. did vietnamese controllers tell malaysia the plane was missing, then another four hours before the malaysian search and rescue center was activated. far too long, say safety experts who insist searchers would have been launched far sooner in the u.s. >> i think when you dissect that four-ho
assistant chief minister the traffic controllers only realize that malaysia airlines flight three seventies missing seventeen minutes after it disappeared from civilian radar. that's according to the preliminary report by indonesian authorities on the plane's disappearance a report which includes the law by giving these air traffic controllers the hope of ever finding the crop growing slimmer as rescuers continue to comb the waters of the southern indian ocean. toronto city hall describes it as a leave of absence. mayor rob ford was admitted to smoking crack cocaine. taking time out to seek professional help for his drinking problem. for de whose children are running for reelection. the look ma no hands department. volvo's ceo telling false and get computer controlled cars could be on the road open road but twenty twenty already. the swedish automaker plans to have one hundred ordinary people operating so called alzheimer's cars around the city of gothenburg in three years' time. the team invited falls and gets correspondent protest route the engine does that mean the technology ready for t
and stunning mistakes revealed in the most comprehensive look yet at the disappearance of malaysia airlines flight 370. the country's transportation ministry released a preliminary report on the case that's been gripping people around the world for almost eight weeks. it contains the most information we've seen so far about what happened the night the plane vanished. our expert analysts are combing through the report. they're standing by, along with cnn's tom foreman. first, let's go to kuala lumpur, our senior international correspondent nic robertson has the latest. what does the report reveal? >> reporter: wolf, the most stunning revelation appears to be in the actions taken when the plane went missing between 1:38 a.m. and 6:14 a.m. for two hours, malaysian airlines operation center is misreading its own computer, telling air traffic control the flight was in fact over cambodia, they were tracking it and in communications with it. that turned out to be an error, lasting over two hours. there is a full recording of the air traffic control to cockpit voice recording. that's the first time
to punishment. >> >> imposing a tax on goods and services in malaysia prompted protest, saying poor people can't afford it. >> labor-day pro tests in malaysia don't usually draw huge crowds, but this year is different. tens of thousands of people are here. this anger gets the government's plan to get a goods and services tax imposed in april. the timing anger many. electricity tariffs of increased several months ago, while the removal of subsidies added to the rising cost of living. the government said the tax is necessary. >> the malaysian government first floated the idea several years ago. recently, the bill was passed in parliament. this man and his wife reason small food store and find it hard to raise a profit. he thinks he will be worse off. >> just take rice. it may be exempt, but before it's packed and sold as rice within it's got to be planted. farmers need fertilizer, which may be taxed. who's to say prices won't go up? >> the government offered cash handouts and tax relief to the poor and middle income groups, who will be hardest hit. that's not been enough to keep them from marchi
's all from the nikkei business report. >> thanks for that. our guest is on the line from malaysia. what's your reaction to this, the profit estimate slashed by more than two-thirds, because of more costs associated with the pc division. >> you know, the good news is they're beginning to get out of this business. and there are good news coming out of its smartphone business as well as of its play station 4, which has done extremely well. the tough part is, they continue to have the television part of the business which is also equally structured. so we have yet to see significant change which can change over the forecast that sony is on its way to a strong recovery. >> you talk about the electronics division. tvs have lost $7.8 billion over ten consecutive years. how are they beginning to turn that around? >> i think they were forced to take a position. they need to stay in that business. it's a lot harder. we cannot see that business innovation coming which will help it to be more effectively rid lower cost manufacturers be it from korea or china. they have to be able to take that posit
to do that. after that press con presence in malaysia, i talked to a few of his aides and he was telling me he was prepping them and he knew everything about sterling's past, he had been following the story very closely and he saw the opportunity as a way to sort of raise the bar a little bit for the nba. he named by name dropping commissioner silver in there, to have him realize that this is the action that needed to be taken and hoped that whatever it took, you know, to have more public comments, add more weight to the issue, to encourage the decision that the commissioner ended up coming with. so it just was fascinating to find out how much not only that it want his staff prepping him but one of those cases the reverse. that's how closely he had followed the story and how much he knew about sterling's past. >> i think in many ways the last four days have shown the strength of the nba, not just adam silver but magic johnson, charles barkley -- >> and a number of white players, too. >> yes. this in many ways was a good moment for the nba. >> i think and i don't want to be naive here, bu
market securities in asia, markets like thailand, singapore, malaysia, vietnam. and i made some investments more than a year ago in iraq. because it's very cheap. lots of problems. but the market is very, very inexpensive. and so some markets have corrected meaningfully to the downside, say even after the recent rise india in dollar terms is still down something like 35% from its peak. russia is dirt cheap. i don't think there's a hurry to buy russian stocks. >> no, no. not until we have a little bit more clarity, perhaps. mark, good to have you on the show. you'll stick around. mark farber, publisher of the boom, gloom and doom report. do you agree with mark? is there potential for a bigger correction? get in touch with us, e-mail worldwide@cnbc.com, @cnbcwex or @rosswestgate. >>> we'll discuss what's next for the social media giant, twitter. >>> to qe or not to qe. that seems to be one of the questions. the figure for eurozone inflation comes out in around 45 minutes. could have a big bearing on what the ecb does or doesn't do. >>> cnbc hits the catwalk. we catch up with super
in. >>> just ahead, the hunt for malaysia flight 370, has a private company found debris where nobody else has been looking? >>> and our reporters monitoring the severe weather. we'll have the very latest. ♪ norfolk southern what's your function? ♪ ♪ hooking up the country helping business run ♪ ♪ trains! they haul everything, safely and on time. ♪ tracks! they connect the factories built along the lines. and that means jobs, lots of people, making lots and lots of things. let's get your business rolling now, everybody sing. ♪ norfolk southern what's your function? ♪ ♪ helping this big country move ahead as one ♪ ♪ norfolk southern how's that function? ♪ >>> we're following a new potential lead in the search for flight 370 in malaysia. officials are looking into a private company's claim it may have found wreckage from the missing plane. but the search leaders in australia are by no means convinced. our aviation correspondent renee marsh has been watching. >> they feel as if whatever they found, it is significant. some say this is worth investigating. others ar
to asia. >> on sunday he was in malaysia, and he met with the prime minister. the prime minister was very happy about this and actually he took withfie barack obama. the prime minister has been criticized for the way that he in the malaysian government had been dealing with the disappearance of the lesion airlines flight mh370. -- the disappearance of the malaysian airlines flight. look at this cartoon. you can see a drawing of that same selfie, but in the background there is an airplane at the bottom of the ocean. >> the wall street journal focusing on how singapore is bracing itself for an unusual riot. >> that is right. let's ago the titles, talking about how singapore is bracing for another kitty riot. these are not kitty cats or lions. they're talking about hello k itty. mcdonald's has a special edition where customers can buy toys at mcdonald's. why would they be upset? last i mcdonald's did this, things got a little bit out of control. a lot of people skipped class. there were fights. a lot of people were injured. so the authorities are worried that history could repeat itself . it
released at the end of obama's visit only said some progress had been made. obama also left malaysia empty-handed on trade. prime minister razak said malaysia was far from being ready to sign any deal due to internal sensitivities. obama's visit resulted in some gains with its allies on security issues. but there is more work to be done for all parties concerned when it comes to trade. nhk world, manila. >>> pro-russian separatists in eastern ukraine are showing no sign of ending their use of violence, despite renewed pressure from the united states and the european union. in the largest eastern city of done ez k pro-russian militants wielding metal clubs attacked people rallying in support of ukrainian unity. some demonstrators were injured. they also stormed a bank in the city and blocked its entrances. the mayor of the eastern city of karkiv is in critical condition after he was shot on monday on the way to his office. he is thought to support the pro-western interim government. the u.s. department of defense says it has received assurances that russia will not invade ukraine. a stateme
that it was not about containing china. he went to four different countries. he went to japan, malaysia, was recently the philippines, and he also made a stop in south korea. a lot of people have been watching it as a china containment tour. the last thing that happened in the philippines this last up, announced --tates is been interesting watching him deal with that. obviously, china and u.s. have an important relationship. the allies in that region are worried about the rise of china as well. lawmakers are returning after a two-week vacation. i wouldn't look for whole bunch happening, at least this week or over the next two months. thomas is beginning to debate spending bills for the coming year. that is the actual legislating that is going on. artief the legislating is gearing towards the november elections. maisie big one for primaries, both in the house and senate. mitch mcconnell faces is primary in may. there's a couple of feet once and senate primaries. of the biggest races is in idaho this month, as well. how big of a role as a 2014 elections? is completely overshadowing everything that is h
superstar michael jordan weighed in, saying: >> woodruff: from malaysia, president obama condemned the comments as "incredibly offensive." >> when ignorant folks want to advertise their ignorance, you don't really have to do anything, you just let them talk and that's what happened here. >> woodruff: and across the n.b.a., current players spoke out. miami heat forward lebron james: >> there's no room for that in our game. we've found a way to make this the greatest game in the world and for comments like that, it taints our game and we can't have that. >> woodruff: the clippers made their own visual statement, shedding their shirts to reveal inside-out warm-ups, hiding the team's logo, before sunday's playoff game with the golden state warriors. l.a. lost, 118-97. head coach doc rivers conceded the furor could have affected his club. >> you know like i said before the game, they're getting pulled in so many directions, so you know we have to figure how to pull them in one direction and then we'll be back in the series. >> woodruff: other teams organized their own silent protests, w
a global issue. the president of the united states does a press conference in malaysia and mentions adam silver and the nba, this is no longer a black-and-white issue, this is a green issue. they are a global brand. companies are voting with their pocketbooks and moving away from what the reprehensible thought pattern was of donald sterling. the positive is that by tomorrow night's game in l.a., adam silver and the nba, the players association, the sponsor community him and all those people in the nba community have to get together and make a very strong statement, moving away from donald sterling has represented. >> what are your sources telling you is actually going to happen? >> it's going to have to be a strong statement, obviously. everybody is going to be watching this. he has had such a small amount of time to figure this out. huddledas probably been with bloggers and there are a lot of legal implications. >> by the way, this is a guy who is new to the job. this could be his defining moment. he -- how to see as the new commissioner of the nba handle it? is dealing not only with th
china. he went to four different countries, japan, malaysia, most recently the philippines and south korea. but a lot of people have been watching it as a china containment to her the last thing that happened in the philippines was the united states announces a new tack in the philippines that will allow more military to be returned to those islands. it has been interesting watching him deal with that. obviously china and the u.s. have a very important relationship, something the u.s. is interested in maintaining and improving, but allies in the region are worried about the rise in china as well. are returning after a two-week vacation. what can we expect to see him the hill? >> the longest and first hits will be on the hill. i would not look for a bunch this week or even over the next two months. congress is beginning to debate spending bills for the upcoming year. most of what is happening is messaging that is already gearing towards the november elections. primaries in both the house and senate, a lot of the attention is back on the home state. mitch mcconnell faces his primary in
it to expand its presence. the u.s. has done a similar deal with australia and singapore. talking with malaysia and indonesia and vietnam. whole series with which the u.s. is talking about have a closer military relationship. that's one part of it. the more controversial bit is the military tactics the pentagon has been discussing how they would deal with some kind of conflict with china. one of the ideas that some people in the pentagon have. if there was any kind of dispute the way to approach that would be for u.s. to try to take out some of the chinese missile facilities which are the key bit to the chinese military platform. that's a dangerous escalatory step. you get into scary and difficult questions. >> it's a frightening scenario, everything you're describing and that ramp up, americans hope we'll avoid. 61% of americans say the u.s. should be less involved in world affairs. it seems like this trip is anything but that. thank you both. we'll watch this closely. and we're starting something new today. our georgia gun watch. we keep an eye how life in on that state is changing under the
malaysia an airliner will enter a new phase as crews will expand their search under water the south korean coast guard officers say they couldn't go inside the ferry say wallace that was listing too far when they arrive. andhe
to lap. and president obama weighed in on the controversy all the way from malaysia, answering a question from chuck. >> when ignorant folks want to advertise their ignorance, you don't really have to do anything, you just let them talk. and that's what happened here. i have confidence that the nba commissioner, adam silver, a good man, will address this. obviously the nba is a league that is beloved by fans all across the country. it's got an awful lot of african-american players. it's steeped in african-american culture. and i suspect that the nba is going to be deeply concerned in resolving this. >> chuck todd is still with us from the philippines. chuck, thanks for sticking around. and "sports illustrated"'s phil taylor joins us. phil, i want to start with you. if it is confirmed that this is in fact sterling, what kind of action should be taken and how much of a test is there for the new nba commissioner adam silver? >> it's a huge test for the new commissioner opinion t commissioner. the feeling is if this is true and proven to be sterling on the audio tapes that he should be fined
stops in malaysia and philippines a success. this is part of the pivot president obama announced three years ago. a lot of people have had skepticism about the white house and president obama's commitment to that. they feel that this is a success and cap stone of the trip. a lot of the details here have yet to be announced, yet to be worked out. what we do know is that american troops for the first time in some 25 years, since the end of the cold war and since the united closed two massive bases here in the philippines, clark and subic bay, american troops are going to be rotating in a understand out. there's sensitivity of the presence of american troops on philippine soil. they're going to be on existing philippine bases. where they're going to be, how many, what theirporture is on the bases all has to be determined. president obama talking about fighting piracy, talking about regional security, certainly enhances the stability of the region, but make no mistake, the question of china and their aggression in the region, their power and influence was at the top of the agenda. that is
with the muslim majority nation of malaysia on sunday. that would've been 1966, not 1996. another story in the post this morning. one more campaign story for you this morning. this comes from this morning's "washington times." again, our topic is your view of speaker john boehner. . why don't you talk first a little bit about how john boehner is viewed back home in his ohio district? boehner ise speaker supported a lot here, especially in butler county. of the is a largely republican area. it is one of several counties thisare -- that make up area. it is heavily populated and is always had support here. host: is anyone coming out to challenge him given the time tumult? he is challenging john and he is backed by the tea party. actually, he has some money thrown in. he is also supporting his campaign from a national tea party leadership. there are two other candidates that are also tea party, yet they are not really coming on strong. they didn't get the support from the national tea party. host: what kind of fundraising are you seeing in that race in guest: rict? guest boehner has a lot o
. >>> australia prime minister says it's highly unlikely any day brief from the missing malaysia plane will be found on the ocean surface and 370 has been missing since march 8 with 239 people on board and they are heading up the search operation focusing on this part of the ocean northwest of perth. leading opposition party in macedonia says it will not accept results of this weekend's election and votes are still being counted but conservative party is claiming a double victory in parliamentary and presidential elections and john reports. >> reporter: there was a celebrity mood at the election headquarters. his party, the right wing party was elected to a third, four-year term and his choice of president ushered in for a second term as well. but the social democrat opposition says this result was too good to be believed. >> translator: the citizens of macedonia are cheated and there are no conditions for basic electoral process which was conducted in an uncivilized manner and at the same time the constitutional right of the citizen was usurped. the social democratic union of macedo
moved from japan to korea to malaysia to the philippines. has this been successful? trip,s is a dual track you sure your alliances and i feel that they have been successful on this front. but this entire trip was somewhat about beijing as well. they have made strong statements about china and you have not seen china react all that negatively. very goodals feel about this but missing is a trade deal, they did not make any major trade deal and that may be of concern. >> traveling with the president in the philippines, adam? >> bill gates and mark zuckerberg had two things in common. change the world and dropped out of harvard. harvard is saying no more. you spirit a lot of early are looking- you for the one percent of the one percent. what sets those people apart? >> it has to do with their talent. the record of harvard speaks for itself. we have eight u.s. presidents and 16 nobel laureates, and the birth of the venture capital industry as a whole. it started as research and development in the 1960's. field creates this fund, leave harvard and we will give you $100,000, go to -- talk a
the hopes we had have been dashed. the australian brim minister said he was baffled. the malaysia prime minister says they have made no progress since march 28. the whole last month have been a waste of time. >> to be fair, the pings could have come from the plane. >> no, they couldn't have. they took the location of the best ping, searched the area around it within detection radius and it wasn't there. that means whatever caused that ping was not mh370. you recall there was reason we suspected that to begin with, the frequency was wrong. so this is a very important data point. this is why we're hearing this kind of disappointment from the australian and malaysian prime minister. now we have this huge area, why? we don't have any good idea where this thing is. >> they're telling us the entire probable impact zone. what does that mean to you? 23,000 square feet? >> when we've come to a dead-end, this thread of the investigation has reached a dead-end, what do you do when you've got nothing else to do? just kind of cast a huge net. look at this, 150 times larger. this is a huge area to se
of the south china sea and parts by taiwan, malaysia and vietnam and we have more from manila. >> reporter: increased presence of soldiers and fortification and up grading of u.s. military facilities in the west philippines and the area facing the south china sea. washington said this does not mean the return of the u.s. bases. they were taken off and forced out of the philippines in the 1990s although in reality the u.s. soldiers never left. right now there is more than 600 of them involved in counter terrorism operations particularly in the southern philippines and the president said this agreement is not just a military one, it's improving people to people ties between the two countries, a lot of skeptics wonder if increased military presence in the region and the philippines means the philippines becomes a much bigger target for the south china sea. >> reporter: russia or ukraine. >> we are going to be moving forward with an expanded list of individuals and companies that will be affected by sanctions. they remain targeted. we will also focus on some areas of high tech defense expor
its naval and air bases in 1992 in malaysia but now there is a new agreement for troops to return to the region. officials say it has nothing to do with china or its territorial dispute with its neighbors including the philippines. the president returned to the u.s. tomorrow. >> president obama says new sanctions against individual russians and businesses will be announced today in response to the situation in ukraine. the sanctions are aimed at russian president vladimir putin's inner circle, but not at putin himself. the g-7 nations have agreed to punish moscow for not living up to an agreement to defuse the tension in eastern ukraine. washington will cut off high tech exports to russia's defense industry. pro-russian separatists in eastern ukraine released one member of an inspection team being held against their will. seven monitors from the organization for security and cooperation in europe were brought before cameras at a news conference, where they were called prisoners of war. shortly after, a swedish member of the team who suffers from diabetes was released. the team was
, but also, obviously, from malaysia. there is, you know, enormous amount of questions that remain unanswered, and this is the problem going forward. i mean, the fact that it's now 52 days since mh-370 went down or disappeared, you know, a scheduled flight from kuala lumpur to beijing has just vanished, and still nothing, still no debris, still no sign of, you know, of any remains. so, yeah, definitely a frustrating process, poppy. >> all right, appreciate the report this morning. thank you. >>> nearly nine minutes after the hour right now. another big story we're following this morning, universal condemnation for racist comments being attributed to los angeles clippers owner donald sterling. now, these remarks have triggered an investigation by the nba. the audio recordings were released by tmz sports and deadspin. they appear to catch an offensive, racist, rambling rant from sterling, who was arguing with a girlfriend, not his wife, his girlfriend, over her association with african americans. this comes with the clippers, his team, in the middle of a playoff series. and on sunday, the playe
malaysia and aircraft, the president listening to what is being said in manila. he has been talking about the situation vis-À-vis russia. pfizer has confirmed a possible offer for astrazeneca. with more on that story, manus cranny and sam from bloomberg industries. let's start with you, sam. what do we know at this point and what don't we know? >> we know that pfizer made an approach in january. on the 16th of april, they came back again. as you and i were talking last week after the novartis -glaxosmithkline deal, that might have tweaked their interest again. there are many other regions where pfizer would be interested in an astrazeneca. that is what we know so far. we know what price they suggested in january. 46.61 pence. the rest is open to speculation going forward until may 26, when they have to make a formal decision. >> the reason it is going to happen in this way is that an offer was made. now we have to deal with takeover law, which makes things more complicated. >> it does. in some ways, it is quite a good thing. it means that our pay levels in terms of -- i do not know wheth
the course of my trip, japan, south korea, malaysia and now the philippines, their message has been the same everywhere i go, which is they would like to resolve these issues peacefully and diplomatically. >> u.s. president barack obama there talking about fresh sanctions against russia. let's come back to our top story here and get the perspective from alstom and how the french are dealing with this competing offer from siemens with one on the table from ge. stephane, isn't this nearly a change of bedmates? >> reporter: france is not that close to international investors. recently we had a deal, last week between the publicist and a almacon, we will discuss that next with our guest here, thank you very much for being with us. do you have the feeling that the government is two dimensional? >> i don't think so. i think france is believing in free markets. we are a country that is open to international investors. france is a great place to invest, so, no, i don't think the government is. they are vocal, which is quite normal. we are in france, so you have to play by the ruling. >> reporter: le
for australia alone. not taking the cost being borne by malaysia, china, or the other countries that have been searching for the last month or so. australia has of course been, you know, leading these operations the last 41 days. it's now more than seven weeks. 52 days ago that mh370 disappeared on that scheduled flight from k.l. to beijing with 239 people on board. tony abbott said it was with regret that they haven't been able to find anything in their search of the last few weeks using the bluefin-21, that submersible which has been operating within a 400 square-kilometer area. he believes that there will now be no debris found on the surface, that if there was any debris it would have sunk by now, it would have been waterlogged and sunk. so this is now moving into the next phase. it's going to be underwater. as you say, covering now an extended area of some 60,000 kilometers. and you know, according to the prime minister and according to air chief marshal angus houston, he said that this at a minimum could take six to eight months to cover this area. so it certainly is going to be a protra
malaysia airlines jet will never be recovered. searches for the plane have been canceled with authorities pointing to a new underwater operation. president obama has just arrived in the philippines. he will be in manila for a state visit. the u.s. and philippines have reached a 10 year pact that would allow a larger american military presence in the southeast asian nation. >> back with us now, michael o'sullivan. thank you very much for sticking with us. let's talk about some of the m&a activity and whether that is featuring on your radar. theyou exposed to any of drug companies at the center of all this takeover talk? >> very much so. we have seven top ideas for the year ahead. one of those is copper cash. at three biotech companies, some of the mining companies. think that the pace of this is beginning to pick up. you are seeing some of the big companies. we had novartis a week or so ago looking to use some of the cash pile they have beyond their jurisdiction. trying to clean up the balance sheet. focus degree of strategic coming into some of the big multinationals. >> is that what the
visited malaysia? almost 50 years. so this visit is significant. it comes at a time when the transpacific trade accord, the tpp, is being negotiated. it is crucial that obama get support from malaysia as some consider as a swing state. malaysia has more outstanding tpp issues than other countries in the talks. while in malaysia, the american thatdent reassured allies the u.s. will carry through its obligations. it also sent out a note to portion. >> we don't seek on select. we seek to keep the peace. we want a future where disputes are resolved peacefully and we're -- and where bigger nations don't bully smaller nations. all nations are equal in the eyes of international law. >> has we've been saying here as well, the president is on his way to the philippines. what is on his agenda there? it seems security, front and center. >> definitely security. obama heads to the philippines with plans for a stronger military alliance. be achieved to their cap the expectation that the two countries will sign an bigs -- an agreement to counter the china dispute in the south china sea. is tree-bound to
is continuing its gains. as the demand. malaysia getting under way. president obama leaving and flies to manila later on this afternoon. so we'll continue to watch that closely. i mention it had safe haven trade let's quickly chick in on some things we're watching. there we go. gold above 1300 back about 1300 n ounce yet again. anaheim ex crude here. just a tad below 100. u.s. dollar, don't let it fool you when it's green that means the yen is stronger. so that's what the happening. a lot of macro concerns over the tensions in ukraine. >> thanks. let's take a look at toyota now because it's set to move its u.s. headquarters from california to somewhere near dallas. >> all about costs. so if you take a look, attorneys -- torns california known as second to detroit as the u.s. auto manufacturing hub. many of the companies honda, hundred ay, kia, have operations in california. they don't have operations in texas. so it is an unusual move. there are 5300 employees that work in the torns, california office. the relocation is set to happen outside of dallas. retention will be an issue. >> they had th
around the world during his visit to malaysia. >> when ignorant folks want to advertise their ignorance, you don't have to do anything, just let them talk. that's what happened here. >> the audio that has gone viral has renewed the debate about america and racism. >> : >> lebron james, one of the biggest names in the game is calling on new n.b.a. commissioner adam silver to take a stand against any bigot tri. >> there's -- big olry. >> -- bigotry. >> there's no room for that in the game. it's the greatest game, and comment like that, it takes our game, we can't have it - not from a player, owner or fan. >> adam silver promised action, but the n.b.a. investigation could be complex. the voice from the recording has to be authenticated as donald sterling's. there may be an issue about how it was obtained. the player association is being asked to be included in any decision about the owner. >> we are one family, i'm confident we'll speak together in one voice. there's no place in the n.b.a. family for ignorance, intolerance, reprehensible comments that are unacceptable and not fitting for
to malaysia? >> when ignorant folks want to advertise their ignorance, you don't have to do anything. you just let them talk. >> that's what happened here. >> earlier today, i spoke with charles smith, a former l.a. clippers player who said boycotting the team would not be a good idea right now. >> the players have spoken up. this has been -- this is not good for the owners. it's not good for the league, the players, the fans, whether you are black or white, whatever race. this is not good. it's not good for america. so boycotting isn't going to do much. i think the players need to hold on to their personal currency. they don't need to utilize or spend it at this point in time. let the owners and the commissioner do what they do, see what the outcome is and then you can make your next step. >> also, the naacp said sterling should apologize if the commentsr true and saying as the investigation is in progress, we urge the la branch of the naacp to withdraw donald sterling from the honorary list at its upcoming gala. we suggest african-americans and latinos should honor his request and not attend
laden . if that war was -- that war was metastasizing around the world, indonesia, malaysia, somalia, north africa, and into american cities. if you want to galvanize the u.s. government to fight a war, sometimes, like it or not, it takes a catastrophic event to turn that ship. there was a war going on that we couldn't confront because of the global magnitude. i think the tragedy is that it took 9/11 for us to open our eyes and say it wasn't just planes or box cutters. it is a cancer that has spread around the world and it will take decades to eviscerate that cancer. host: let's bring it back to aqap. who is currently in charge? guest: a guy who has been nominated or directed to be the deputy of al qaeda. he is an effective leader. it takes really visionary leadership to take a low-level terrorist organization and raise its horizon so it becomes a global threat. he has been in place for a while. there are badlands of the yemen -- of yemen that are indisputable -- that are indisputable -- that are inhospitable. you have that lethal combination of leadership and safe haven. that at the
with citizens and young leaders during a town hall forum in malaysia. tomorrow he has to the philippines. an article from the washington post reporting on his trip saying that the president is expected to sign the new president agreement for the philippines. chinese officials say that they oppose a heightened u.s. presence in the area. the agreement would give assurance to several u.s. asian allies and would give flexibility to the u.s. to respond to humanitarian disasters in the region. >> on saturday i remember the conversation. it was not about
access to bases. they say it will affect their sovereignty. >>> the u.s. and malaysia say they will work to improve relations. it follows a visit by obama as part of the asian tour. he's drumming up support for a trade deal. >> reporter: it's been billed as a historic visit, the first by a u.s. president to malaysia in nearly 50 years. barack obama started the day at the national mosque. before meeting with the malaysian prime minister at a news conference. >> today the united states is once again playing a leadership role in the asia pa scientific, and a key part of the strategy is to expandz ties with southeast asia. >> left unspoken is the concern over the growing influence in the region. already an important trade partner with many countries including the united states, china's increased dmek clout is a more assertive nation. the u.s. is trying to counter that influence with a free trade deal, that would include more than ten countries with malaysia among them. >> you must have multiple friends and levels of relationships in order to balance out that you're not totally dependent on a
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